Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a newly formed Department of Government Efficiency (D.O.G.E) until July 2026.
Elon Musk and Vivek Ramaswamy will work to enhance government spending and administration effectiveness through structural reforms and an entrepreneurial approach.
The Department of Government Efficiency will focus on dismantling bureaucracy, eliminating unnecessary regulations, reducing wasteful spending, and reorganizing federal agencies.
The connection between Elon Musk and Dogecoin continues to drive the price, with DOGE soaring approximately 70% in the past week.